Net sales for the second quarter of fiscal 2008 were $223.7 million compared with net sales of $137.7 million for the same quarter of fiscal 2007. The Company reported net income of $40.2 million, or $1.70 per basic share, for the second quarter of fiscal 2008 compared with net income of $6.4 million, or $0.27 per basic share, for the second quarter of fiscal 2007.

For the first six months of fiscal 2008, net sales were $402.3 million compared with net sales of $253.0 million for the prior-year period. The Company reported net income of $58.1 million, or $2.46 per basic share, for the first half of fiscal 2008 compared with net income of $970,000, or $0.04 per basic share, for the year-earlier period.

Fred Adams, Jr., chairman and chief executive officer of Cal-Maine Foods, Inc., stated, “We are very pleased with our results for the second quarter of fiscal 2008. These results reflect the favorable market conditions, with egg prices reaching record levels during the quarter. All of our operations performed well during the period. The egg industry has received positive reports from both the medical and nutritional communities, and eggs continue to represent a good value compared with other food products. As a result, demand for fresh eggs was strong for both the retail and food service markets as well as demand for eggs used for liquid, frozen and dried egg products. The export markets have also been very strong this year, and we expect Europe, the United Kingdom, Japan and the Middle East to be good markets for eggs in 2008.

“Looking ahead, our feed costs remain high, and we expect this trend to continue with the high demand for corn for ethanol use creating additional price pressures. However, both the egg industry and the USDA predict that egg production will be similar to 2007 levels, and this should support profitable egg prices for the year ahead,” added Adams.

Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs. The Company, which is headquartered in Jackson, Mississippi, currently is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.

Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties (contained in the Company’s SEC filings) that could cause actual results to differ materially from those projected. SEC filings may be obtained from the SEC or by contacting the Company.

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CAL-MAINE FOODS, INC.	POST OFFICE BOX 2960	JACKSON, MISSISSIPPI 39207
	PHONE 601-948-6813	FAX 601-969-0905

CALM Reports Second Quarter Fiscal 2008 Results

Page 2

December 28, 2007

CAL-MAINE FOODS, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS
(Unaudited)
(In thousands, except per share amounts)

	13 Weeks Ended					26 Weeks Ended
	Dec. 1,		Dec. 2,			Dec. 1,		Dec. 2,
	2007		2006			2007		2006
Net sales	$	223,696	$	137,737		$	402,294	$	253,045
Gross profit		76,032		24,955			121,612		33,362
Operating income		59,003		10,497			85,935		4,434
Other income (expense)		2,367		(940	)		2,658		(2,878	)
Income before income taxes		61,370		9,557			88,593		1,556
Net income	$	40,154	$	6,401		$	58,120	$	970
Net income per common share:
Basic	$	1.70	$	0.27		$	2.46	$	0.04
Diluted	$	1.69	$	0.27		$	2.45	$	0.04
Weighted average shares outstanding:
Basic		23,681		23,503			23,640		23,503
Diluted		23,714		23,597			23,719		23,596

SUMMARY BALANCE SHEET
(Unaudited)
(In thousands)

	December 1,		June 2,
ASSETS	2007		2007
Cash and short-term investments	$	87,785	$	54,532
Receivables		68,888		38,180
Inventories		69,403		62,208
Other		881		1,390
Current assets		226,957		156,310
Property, plant and equipment (net)		200,499		193,590
Other assets		21,564		14,668
Total assets	$	449,020	$	364,568
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable and accrued expenses	$	75,581	$	45,051
Other current liabilities		10,758		5,435
Current maturities of long-term debt		11,661		13,442
Deferred income taxes		12,136		11,830
Current liabilities		110,136		75,758
Deferred income taxes and other liabilities		32,403		33,661
Long-term debt, less current maturities		92,572		99,410
Shareholders' equity		213,910		155,739
Total liabilities and shareholders' equity	$	449,020	$	364,568

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